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☆ Meet the doomsayers waiting for the economy to crash
▼ + stars: | 2024-05-11 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +7 min

"The one thing that our economy is going to be guaranteed is a wartime economy," Daniel told Business Insider in an interview. Interest in ultra-bearish takes on the market or the economy is on the up based on raw search data. Google searches for "stock market crash" have jumped 17% over the last quarter, while searches for "economic crash" have surged 15%, according to search analytics firm Glimpse. In both communities, users are sounding the alarm on all sorts of apocalyptic scenarios for the economy, with some predicting a stock market crash, housing market crash, or a total collapse of the US financial system. "Others may not be as lucky and could be constrained by them, and that could color their outlooks for the stock market and the economy."

Persons: —, Daniel, subreddit, Freddie Smith, Smith, aren't, Jonathan Rose, he's, Rose, there's, that's, Richard Sylla Organizations: Service, Genesis Gold, US, Northwestern Mutual, New York University Locations: Washington ,, Reddit, Florida

☆ I ended up being a caretaker for both my baby boomer parents. My Gen Z friends were surprisingly understanding.
▼ + stars: | 2024-05-08 | by ( Ivannia Morton | ) www.businessinsider.com time to read: +4 min

I've always known that my parents were older than the parents — and occasionally even the grandparents — of my peers. Having older parents than my peers was both rewarding and challenging while growing up. Almost any child with older parents, regardless of the generation they were born into, can tell you they've imagined what taking care of their parents would look like. To my surprise, many of my Gen Z friends knew exactly what I was going through. You rarely tell the "outside" — be it your extended family or friends, what's going on "inside" — or in the home.

Persons: I've, —, what's, I'd

☆ Jeff Bezos, Doja Cat and Pamela Anderson Pregame the Met Gala
▼ + stars: | 2024-05-06 | by ( Callie Holtermann | ) www.nytimes.com time to read: +1 min

On Sunday evening, the rapper Doja Cat swept into an upscale French restaurant in SoHo carrying a disposable Starbucks cup. She stashed it at the bar, and then made her way to the rear of the room to kiss the actress Pamela Anderson on one makeup-free cheek. Ms. Anderson was hosting a party with the label Monse as a kind of amuse-bouche for the Met Gala the next night. “I’m going to be walking all of those scary feelings out,” she said. Guests sipping Sancerre traded thoughts on increasingly elaborate gala prep routines.

Persons: Pamela Anderson, Anderson, Ms, “ I’m, ”, radishes, sipping Sancerre Locations: SoHo, La

☆ 21-year-old joined the circus over going to college—and gets shot out of a cannon for work
▼ + stars: | 2024-05-05 | by ( Morgan Smith | ) www.cnbc.com time to read: +6 min

Skyler Miser credits her love for the circus to her parents Brian and Tina, who performed in earlier versions of the Ringling Circus in the early and mid-2000s. Skyler Miser's average work shift lasts about three seconds — a time during which she's shot out of a cannon in front of thousands of people. Miser was just 2 years old when she first performed in the circus, joining her parents on stage to introduce their act. Her father, Brian Miser, and her mother Tina Miser performed in earlier versions of the Ringling Circus in the early and mid-2000s, also as human cannonballs. During her act, Miser is propelled about 70 feet in the air at speeds of up to 65 miles an hour.

Persons: Skyler Miser, Brian, Tina, Skyler Miser's, she's, Abu, Formula, Miser, Brian Miser, Tina Miser, Benjamin Wallace, Ringling, Miser's, Bailey, hasn't Organizations: Ringling, Ringling Brothers, Barnum, CNBC, Circus, Peru Amateur, Air Force, Ringling Bros Locations: Peru , Indiana, Peru, Las Vegas, United States

☆ Stormy unchained: Lawyers for Trump and porn star struggled to control her after hush-money story broke in 2018
▼ + stars: | 2024-05-04 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +8 min

Text messages shown in Donald Trump's hush-money trial reveal attorneys' struggles to manage Stormy Daniels. Michael Cohen, Trump's ex-attorney, appeared frantic in messages after the hush-money story broke in 2018. Minutes later Cohen texted Davidson, "Please call me," before he again texted, "Cmon!" Advertisement"Why is she going on Kimmel after the Sotu," Cohen texted Davidson days earlier. "She just denied the letter," Cohen texted Davidson at the time.

Persons: Donald Trump's, Stormy Daniels, Michael Cohen, Trump's, Cohen, Daniels, —, Keith Davidson, Davidson, Trump, Drew Angerer, Davidson texted Cohen, Cohen messaged Davidson, Stephanie Clifford —, Sean Hannity's, Davidson texted, Cohen texted Davidson, texted, Eduardo Munoz, Let's, Cohen backtracked, Michael Cohen's, Jane Rosenberg Davidson, Kimmel, Jimmy Kimmel, Cohen messaged, Gina Rodriguez, Gina Organizations: Prosecutors, Trump, Service, Street, Sean Hannity's Fox, Manhattan, REUTERS, Attorney's Locations: Los Angeles, LA, Manhattan, NY

☆ A millennial who quit Fidelity and Salesforce is one of many choosing to 'descend the corporate ladder' — for less stress
▼ + stars: | 2024-05-02 | by ( Maria Noyen | ) www.businessinsider.com time to read: +5 min

Read previewDespite years of believing it was the only path, a Los Angeles-based millennial decided against climbing the corporate ladder. Kirra Dickinson, a 27-year-old content creator and manifestation coach, told Business Insider she spent years in technology research after graduating from UC Berkeley. Dickinson said she felt pressure to climb the corporate ladder growing up. In the video, which has over 1.1 million views, Yin said he is electing to "descend the corporate ladder" to better his health. Like some commentators on Yin's video, Dickinson said she felt "relieved" after ditching the corporate ladder.

Persons: —, Kirra Dickinson, Dickinson, we're, Octavia Goredema, Zers gravitating, Goredema, Aaron Yin, Yin Organizations: Service, UC Berkeley, Business, Fidelity Locations: Los Angeles, Boston, Salesforce, Southern California, New York

☆ Jeff Bezos' tips on how to run a company and manage your team
▼ + stars: | 2024-05-02 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +7 min

In his 27 years at the helm of Amazon, Jeff Bezos taught his successor, Jassy, and others a lot about how to run one of the world's biggest businesses. One of Bezos' meeting no-nos is PowerPoints, which he has banned in company meetings. "I thought to myself, 'We can sell anything this way,'" Bezos said. Bezos says Type 1 decisions take up most of your time, while Type 2 decisions should be delegated or grouped with other smaller decisions for later. Bezos believes you should make decisions with 70% of the information you wish you had, and iterate from there.

Persons: —, Andy Jassy, Jeff Bezos, Jassy, Jeff, Bezos, he's, It's, He's, they've, centibillionaire, you'll, you'd Organizations: Service, Business Locations: Amazon

☆ The 3 red flags a sushi chef looks out for when he goes out for high-end sushi
▼ + stars: | 2024-05-01 | by ( Rachel Askinasi | ) www.businessinsider.com time to read: +5 min

Chef Masaharu Morimoto shared red flags he looks out for when at a high-end sushi restaurant. AdvertisementChef Masaharu Morimoto told Business Insider there are specific details throughout a sushi-eating experience that show him whether he's actually at a high-quality establishment. He told BI that the art of being a sushi chef "is a very important position in Japanese culture," and he takes traditional sushi seriously. AdvertisementWasabi should be freshly grated, not packagedA high-end sushi restaurant also loses bonus points with Morimoto if it's not serving fresh wasabi. "Using ingredients that are in season allows for the sushi to be at its freshest and always filled with flavor," Morimoto told BI.

Persons: Masaharu Morimoto, Rice, —, he's, Morimoto, it's, Morimoto Chef Masaharu Morimoto Organizations: Service, BI, Department of Health

☆ Fresh customer-fraud allegations against Globe Life
▼ + stars: | 2024-04-30 | by ( Susan Antilla | ) www.businessinsider.com time to read: +9 min

Read previewThe embattled insurer Globe Life and its subsidiary American Income Life face new allegations of fraud, kickbacks, and misclassifying its army of sales agents. Neither Globe, AIL, or any affiliated agencies have requested a correction on BI's series, which has been cited in all three short-seller reports. Spokespeople for Globe, AIL, and Arias did not respond to inquiries about the Viceroy report. Viceroy today published excerpts from a civil complaint alleging that Globe Life required recruits to purchase the course from Xcel for $149, $119 of which was kicked back to Globe Life, AIL, and agency executives, an allegation Globe has denied. "As you might expect, these sales tactics do not engender long-term retention of policies," the Viceroy report states.

Persons: —, AIL, Fraser Perring, Nate Koppikar, Panda, Arias, Erica Robertson, Robertson, Amy Williamson, Renee Zinsky, Fuzzy Panda, Jamie Winters, Winters, Viceroy, AIL's, Antonio – Organizations: Service, Viceroy Research, Globe, Business, Research, Orso Partners, Insurance Department, Pennsylvania, Arias Organization, Social, Organization, AIL, BI, Department, Xcel, Liberty National Life, Ohio Department of Insurance Locations: Texas, London, Globe, Maryland, Pennsylvania, Arias's Wexford, California, Xcel, Ohio, Antonio

☆ My Investment Banking Job Nearly Destroyed Me
▼ + stars: | 2024-04-29 | by ( Christine Ji | ) www.businessinsider.com time to read: +9 min

I hadn't expected to be lying on the office floor thinking that I needed to quit my investment banking job — yet there I was. The allure of an investment banking job is seductive. Being an investment banking analyst was much sexier in theory than practiceI knew banking would be intense from the internship, but nothing could've prepared me for just how intense the full-time role was. There's very little advice out there on how to quit your investment banking job. I can't say I loved investment banking to that degree, so I walked away.

Persons: could've, nauseous, there'd, Ji Organizations: Business, Ivy League, Wall

☆ IRS free tax filing pilot processed more than 140,000 returns, saved consumers $5.6 million in prep fees
▼ + stars: | 2024-04-26 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

IRS Commissioner Danny Werfel testifies during the Senate Finance Committee hearing on the fiscal 2024 IRS budget and the IRS' 2023 filing season, in the Dirksen Building in Washington, D.C., on April 19, 2023. This season, more than 140,000 taxpayers successfully filed returns using IRS Direct File, a free tax filing pilot from the IRS, according to the U.S. Department of the Treasury and the IRS. The program fully opened for certain taxpayers in 12 states in early March and saved filers an estimated $5.6 million in tax preparation fees for federal returns, IRS Commissioner Danny Werfel told reporters on a press call. Direct File surveyed more than 15,000 users and some 90% rated their experience as "excellent," the agencies reported. The IRS plans to release a more detailed report about the Direct File pilot "in the coming days," he added.

Persons: Danny Werfel, Werfel Organizations: Senate, IRS, Washington , D.C, U.S . Department of, Treasury, Finance Locations: Washington ,

People are surprised to learn that Mari Murdock, 36, is a professional game master, a role in which she organizes and narrates tabletop roleplaying games like Dungeons & Dragons. Dungeons & Dragons is an open-ended tabletop game in which the narrative is shaped by the players' choices, whether that's through combat, puzzles or negotiation. But as Murdock played tabletop games through the 2010s, she grew more confident in the skills it takes to run a good game. The timing was fortuitous, as tabletop gaming became more popular during the pandemic. For Murdock, gaming allows you to immerse yourself in "a pretend situation where you are imagining that you are someone else.

Persons: Mari Murdock, Graham Merwin, Murdock, — it's, Scott, Murdock's, Mari, she'd, Dax Levine, —, Levine, Max, we've, it's Organizations: CNBC, Westminster University, Brigham Young University, Hawaii, BYU, Dragons, Guinness World Records, &, PayPal, Hulu, Spotify, Amazon Prime, Max Insurance, Relief Society Locations: Utah, Salt Lake City, Michigan, Hawaii, Japan, Scott, Provo , Utah

astead herndonLast year, the comedian was Roy Wood Jr., a veteran of “The Daily Show” on Comedy Central —archived recording (roy wood jr.) Happy to be here. I don’t think you can ignore anything that the American people are bringing to you. So I think that’s where it ain’t funny to a lot of people. And I think that’s what we’re — those are the only two things we’re armed with is either laughs or yelling. But now do you want the funny guy that’s going to be in control of your uterus?

Persons: astead herndon, Jon Stewart, Wanda Sykes, roy, Dark Brandon, Roy Wood Jr, astead herndon —, I’ll, I’m, Clarence Thomas, There’s, Trump, it’s, Donald Trump, —, Biden, ” I’m Astead, ”, Showtime ”, that’ll, astead herndon Really, It’ll, astead, Jim Messina, Joe Biden, Rupert Murdoch, That’s, Harry Styles, Don Lemon, Harris, Ron Klain, exoticize Joe Biden, Scranton Joe, we’re, you’re, Obama, herndon, we’ve, Bob Dole, that’s, George Floyd, They’re, what’s, Roy, Buddy, who’s, Trayvon Martin —, let’s, Ludacris, Kim Kardashian, Ray J, Kardashian, astead herndon Roy, he’s, Joe Biden’s, It’s, I’ve, He’s, George Lopez, they’re, astead herndon I’m, there’s, John Oliver — astead herndon, “, Sarah Palin, Tina Fey’s, Nikki Haley, ain’t, Haley, Nikki Haley can’t, donald, Ron “ DeSanctimonious, astead herndon It’s, who’ve, Obama Obama, Lock, Hillary’s, Marco, You’re, Little Marco, Karine Jean, Pierre, astead herndon That’s, Donald Trump’s, Stormy Daniels, Jonah Bromwich, haven’t, jonah bromwich You’ve, We’ve, Michael Cohen, David Pecker, don’t, Trump — jonah bromwich, He’ll, biden, astead herndon Joe Biden, Let’s, She’s Organizations: White, Super, Comedy, “, Disney, The New York Times, Showtime, astead herndon, Trump, Biden, Paramount, BET, Scranton, Republicans, Florida, M University, Black College, Republican, Democratic Party, Democratic, Democrat, RFK, Party, Tea Party, SNL, Democrats, Tower, National, ”, AMI, Trump — Locations: Washington , DC, France, America, ” I’m Astead Herndon, herndon, Scranton, Tallahassee, Birmingham , Alabama, Birmingham, astead herndon, South Carolina, CPAC, Palestine, Israel, Manhattan, Florida, Tampa, Pennsylvania

☆ Cheslie Kryst said she was 'burned out' by the 2-week Miss USA competition before winning the crown
▼ + stars: | 2024-04-24 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +4 min

She won Miss North Carolina USA in 2019 and began preparing for Miss USA while working full-time as a complex litigation attorney. Lunch breaks were reserved for Miss North Carolina speaking engagements or practicing with her Miss USA interview coaches. Related storiesThe preparation didn't ease up once Kryst arrived in Reno, Nevada, for Miss USA 2019. Miss USA/Alex Mertz"The Miss USA competition was far more than the television broadcast aired on finals night," she wrote in her memoir. It was a historic year for pageants as Miss Universe, Miss USA, Miss Teen USA, and Miss America were all won by women of color.

Persons: —, Kryst's, April Simpkins, Patrick Prather, I'd, Kryst, Cheslie, Miss USA, Alex Mertz, Simpkins Organizations: Service, Miss USA, Miss North Carolina USA, Business, Miss, Miss Universe, Miss North, Miss Universe Organization, Miss Teen USA, Miss America Locations: Miss USA, USA, Miss North Carolina, Reno , Nevada, acclimate

☆ I hate cottage cheese but I tried stirring it into my meals for an extra dose of protein. I felt my gym performance improve.
▼ + stars: | 2024-04-24 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +7 min

AdvertisementWhen I was a kid, my parents had me try cottage cheese. AdvertisementI made the TikTok-viral high-protein pasta sauce firstSome of the most popular recipes involve blending cottage cheese with your pasta sauce of choice. The eggs improved my gains in the gymI whisked eggs, cottage cheese, salt, and pepper before adding everything to the skillet. AdvertisementJulia PugachevskyIn a blender, I added the cottage cheese, protein powder, cocoa powder, tahini, oats, and almond milk. Eating this felt like a punishment, but I don't want to slander poor cottage cheese: she did no wrong here.

Persons: I've, It's, TikTok, —, TikToks, Julia Pugachevsky, Parmesan, skillet, Julia Pugachevsky I've Organizations: Service

☆ Merrill's Lindsay Hans and Eric Schimpf were thrust to the top of the $3.3 trillion wealth unit last year. Here's a look at their new playbook.
▼ + stars: | 2024-04-22 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +9 min

Thirteen months ago, Andy Sieg unexpectedly left Merrill Wealth Management to run Citi's ailing wealth unit. His replacements, Lindsay Hans and Eric Schimpf, had big shoes to fill. Hans and Schimpf were company veterans but lesser known before they were anointed to lead the $3 trillion wealth business attached to behemoth Bank of America. Schimpf is more soft-spoken than his cohead Hans, who was promoted to run the private wealth business one month before Sieg left. AdvertisementMerrill has the benefit of being part of a bank with some 69 million consumer bank clients.

Persons: Andy Sieg, Lindsay Hans, Eric Schimpf, Merrill, Hans, Schimpf, Sieg, Lindsay, it's, Sieg's, Louis Diamond, Schimpf's, Hans said, AdvisorHub Organizations: Service, Merrill Wealth Management, behemoth Bank of America, Business, Merrill, Army, UBS, Schimpf, Northeast, Merrill . Bank of America, Bank of America, Customers, Bank of, First, JPMorgan Locations: Los Angeles, Coast, New York City, Nevada, First Republic, Merrill

☆ Should the SAT still matter after all these years? Why some colleges are bringing it back
▼ + stars: | 2024-04-21 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +15 min

The longest-enduring standardized college admissions test in the nation, the SAT has faced decades of controversy over bias and criticism for reducing aspiring college students to a test score. Discrepancies with standardized testing appear to be symptomatic of the inequality endemic to the education system. In 2005, the College Board added an 800-point writing section to the exam alongside its math and verbal reasoning sections. In this Jan. 17, 2016 file photo, a sign is seen at the entrance to a hall for a college test preparation class in Bethesda, Md. Alex Brandon/APThe College Board told CNN it has also done away with its esoteric vocabulary in the past decade.

Persons: ”, Carl Brigham, Brigham, classism —, Daaiyah Bilal, Harry Feder, Barnes, Noble, Mario Tama, haven’t, Daniel Koretz, Koretz, Scott Eisen, Brown, ” Dartmouth, Ethan Hutt, Horace Mann, Warren K, Leffler, Alex Brandon, It’s, Rachel Rubin, Jack Schneider, ” Schneider, David Coleman, “, ” Coleman, it’s Organizations: New, New York CNN, National Center for Fair, Princeton, College Board, CNN, National Education Association, ACT, Ivy League, Harvard’s Graduate School of Education, Harvard’s, Dartmouth College, Yale, Dartmouth, Harvard, University of Florida, University of Texas, ” UT Austin, College Board's, University of North, Chapel Hill’s School of Education, Massachusetts, of, Phillips Exeter Academy, of Congress, Census, Board, UMass Amherst’s Center for Education, Holton Arms, The College Board, Khan Academy, The Locations: New York, New York City, United States, Guatemala, Hanover , New Hampshire, Georgetown, Austin, Dartmouth, University of North Carolina, Hutt, “, Boston, Harvard, Bethesda, Md, Iowa, Northeast

☆ Bitcoin miners brace for impact as halving goes live
▼ + stars: | 2024-04-21 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +17 min

The technical event is relatively simple: Bitcoin miners get paid in bitcoin to validate transactions, and after 210,000 blocks of transactions are computed and added to the main chain, the reward given to the miners securing bitcoin is 'halved.' The aggregate market cap of the 14 U.S.-listed bitcoin miners tracked by JPMorgan analysts declined 28% over the first half of April to $14.2 billion, reaching year-to-date lows. Some have billed the 2024 bitcoin halving as a seminal moment for the mining sector. Marathon, along with other mining firms, has begun diversifying its business model into ancillary operations beyond purely bitcoin mining. Sullivan continued, "Bitcoin mining sites can only be repurposed if they meet the attributes that are required for HPC.

Persons: AUSTIN , TEXAS — Adam Sullivan, bitcoin, Sullivan, they'll, it's, Core's Sullivan, Bitdeer, Needham, Haris Basit, Basit, Cantor Fitzgerald, Greg Beard, Beard, Bitdeer's, Jason Les, Les, Fred Thiel, Capex, Thiel, Stronghold's Beard, Nic Carter, Blackrock, Bill Barhydt, Barhydt, Island's Carter isn't, Carter, CoinShares Organizations: bitcoin, CNBC, JPMorgan, Cipher, Bitdeer Technologies, Mining, Miners, Riot, Island Ventures, Circuits, Nvidia, CoreWeave, Bitcoin, HPC Locations: AUSTIN , TEXAS, Texas, bitcoin, U.S, Rockdale , Texas, Singapore, Bitcoin, Hong Kong, Abra, Europe, Dalton , Georgia, North America

☆ 5 snacks a dietitian eats on the Mediterranean diet instead of processed foods
▼ + stars: | 2024-04-20 | by ( ) www.businessinsider.com time to read: +5 min

Simple snacks from the Mediterranean diet can help you cut back on processed food like potato chips, according to a dietician. The Mediterranean diet is all about focusing on moderation and nutrient-dense food instead of restriction, said registered dietitian and food writer Sheela Prakash, author of "Mediterranean Every Day: Simple, Inspired Recipes for Feel-Good Food." Snacking doesn't have to be off-limits on the Mediterranean diet, but reaching for whole foods with a healthy dose of protein and fiber can be a more energizing option than processed foods. AdvertisementPrakash shared the go-to Mediterranean diet snacks that provide all-day energy and are delicious enough to distract her husband from junk food cravings. While it takes a bit more effort up front, prepping healthy snacks at home can make it easier to stick to a healthy diet long-term than more extreme measures like cutting out snacks completely, according to Prakash.

Persons: —, Sheela Prakash, Prakash, I'm, prepped, that's, it's, healthiest, Granola, you've Organizations: Service, Business

☆ A dietitian who follows the Mediterranean diet shares 4 foods she always buys at the grocery store
▼ + stars: | 2024-04-18 | by ( ) www.businessinsider.com time to read: +5 min

Dietitian Sheela Prakash follows the Mediterranean diet for flexible healthy eating. AdvertisementThe Mediterranean diet is considered one of the healthiest ways to eat — and you can follow it with staples from your local grocery store, a registered dietitian explained. They're eating well and they're enjoying their food," she told Business Insider. One of her main shopping trip staples is leafy greens, particularly pre-washed salad greens which add a convenient, healthy side to any meal. There's no excuse not to have a vegetable with my dinner or with my lunch when I have salad greens" she said.

Persons: Dietitian Sheela Prakash, —, Sheela Prakash, They're, It's, Prakash, K Prakash, they're Organizations: Service, K, Greens Locations: Italy

☆ Biden admin, US ports prep for cyberattacks as nationwide infrastructure is targeted
▼ + stars: | 2024-04-17 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +6 min

Anne Neuberger, Deputy National Security Advisor for Cyber and Emerging Technology, cited President Biden's signing in February of an executive order to strengthen the cybersecurity of U.S. ports . The nation's port system is the main point of entry for trade, employs 31 million people, and generates over $5.4 trillion for the U.S. economy. One of the key areas of concern for the Biden administration and the executive order is the security of Chinese-manufactured cranes. Biden administration officials recently warned the nation's governors about the threat to water systems. Isles said it is important to identify the critical safety and business systems at the nation's ports.

Persons: Seroka, Gene Seroka, Anne Neuberger, Biden's, Biden cybersecurity, Neuberger, Biden, Christopher Wray, Google's, Mandiant, Adam Isles, order's rulemaking Organizations: Department of Transportation Maritime Administration, Security Operations Center, National, Technology, Biden, Coast Guard, U.S, Mitsui, FBI, Congress, Chertoff Group, American Association of Port Authorities, CNBC, Port Locations: Angeles Harbor, United States, of Los Angeles, of, Angeles, U.S, China, State, Texas, Muleshoe, Cannon, Clovis , New Mexico, Iran, Pennsylvania, cybersecurity, Port of Los Angeles

☆ An American expat who retired at 53 said he got 3 things right on his decades-long FIRE journey
▼ + stars: | 2024-04-17 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +7 min

Todd Miller retired at 53 because he did not want his life to be defined by his career. "I didn't have the vocabulary back then of 'financial independence,' but I said I wanted optionality," Miller told Business Insider. He picked age 50 to retire — what the personal finance industry now calls FIRE, which stands for Financial Independence, Retire Early. In 2019, just three years after the initial age target he had set for himself, Miller took the plunge and retired at 53. His passive income now funds the family's lifestyle in Phuket, Thailand, where they live.

Persons: Todd Miller, —, Miller, that's, you've, shubhangigoel@businessinsider.com Organizations: Service, Business, Financial Independence, FIRE Locations: Thailand, Singapore, Hong Kong, Phuket, American, Real, Mardi, Nepal, Africa, Cambodia, Vietnam, Europe, Canada, Paris, Uganda, Asia

☆ I went to school in Texas and Saudi Arabia. The differences between the 2 systems actually set me up better for the future.
▼ + stars: | 2024-04-15 | by ( Leena Al-Ali | ) www.businessinsider.com time to read: +5 min

But life at an American school was only a part-time gig for me. Related storiesIn Texas, a good education meant moving into the "good" neighborhoods to be zoned for the "good" schools. In Saudi, it meant succumbing to private school tuition, as only international private schools taught in English. My schedule was packed in Saudi ArabiaMy backpack was jam-packed with thick books from the sheer number of subjects we had to juggle in Saudi schools. I missed the posters stapled on tops of posters with dangling flyers that colored the walls of my American schools.

Persons: —, didn't Organizations: Service, West University, Houston, Business, Saudi Locations: Texas, Saudi Arabia, Houston, Cowboy, Saudi

☆ U.S. wage growth is cooling, but some jobs are still seeing relatively big annual raises
▼ + stars: | 2024-04-15 | by ( Greg Iacurci | ) www.cnbc.com time to read: +3 min

Among them, it's highest in the legal profession: Indeed found that average workers saw their paychecks grow at a 5.7% pace in March 2024 versus a year earlier. Strong wage growth doesn't necessarily translate to a high salary, though. By comparison, software developers make $66.40 an hour and $138,110 annually on average, according to BLS data. For example, workers in accommodation and food services saw annual earnings growth peak at 16.1% in December 2021, according to ZipRecruiter data. By comparison, it found that those in the information sector saw growth peak at 7.8% in September 2022.

Persons: Julia Pollak, Allison Shrivastava, Pollak Organizations: Maskot, Workers, Finance, it's, CNBC, U.S . Bureau of Labor Statistics

☆ IRS expects ‘a million returns' every hour on Tax Day, commissioner says. What last-minute filers need to know
▼ + stars: | 2024-04-15 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +3 min

If you're missing tax forms, the tax deadline is your last chance to file an extension, which pushes the filing deadline to Oct. 15. Sean Lovison Founder of Purpose Built Financial ServicesAccording to the IRS, those who can't pay taxes by the deadline have options. Most Americans qualify for IRS Free File, which offers free guided tax prep software from several partners. "It's a product that we're very proud of," Tim Hugo, executive director of the Free File Alliance previously told CNBC. This season, millions of taxpayers also qualify for IRS Direct File, a free tax filing pilot program from the IRS.

Persons: Sean Lovison, Werfel, Tim Hugo Organizations: IRS, Alliance, CNBC, Treasury Locations: filers, Maine, Massachusetts, Philadelphia, Arizona , California, Florida , Massachusetts, Nevada , New Hampshire , New York, South Dakota , Tennessee , Texas, Washington and Wyoming

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